This episode examines peer-to-peer (P2P) payment fraud. The amount of this fraud has skyrocketed over the last few years and is projected to increase in the years ahead. We look at common P2P scams, actions you can take to try and prevent this type of fraud, and we see what a new industry group is doing to try and combat these types of fraud. Links to the articles are included below.

Link: P2P Payment Fraud Is on the Rise: How To Combat It (pcbb.com)

Link: Industry Work Group Scam Info Sharing Recommendations | Federal Reserve Financial Services (frbservices.org)